VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/19/13 -- Superior Mining International Corporation (TSX VENTURE:SUI), (the "Company") is pleased to announce that further to its press release dated December 18, 2012, it has received the approval of the TSX Venture Exchange and the Company's shareholders to the Earn-In Agreement with Ibhubesi Capital (Pty) Ltd. for the joint development of the Mangalisa Property. The Company is now working towards completion of the transaction.

On behalf of the Board of Directors of Superior Mining International Corporation

Brent Butler

President & Chief Executive Officer

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE INC. DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

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